Digital Realty Trust Inc (NYSE: DLR) Has Gained 41.06% Year-To-Date (YTD): Any Trouble Coming?

Digital Realty Trust Inc (NYSE:DLR)’s traded shares stood at 1.66 million during the latest session, with the company’s beta value hitting 0.62. At the last check today, the stock’s price was $189.84, to imply an increase of 14.96% or $24.71 in intraday trading. The DLR share’s 52-week high remains $166.60, putting it 12.24% up since that peak but still an impressive 38.8% since price per share fell to its 52-week low of $116.18. The company has a valuation of $62.16B, with an average of 1.5 million shares in intraday trading volume over the past 10 days and average of 1.61 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Digital Realty Trust Inc (DLR), translating to a mean rating of 2.04. Of 14 analyst(s) looking at the stock, 1 analyst(s) give DLR a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 9 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.3.

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Digital Realty Trust Inc (NYSE:DLR) trade information

After registering a 14.96% upside in the latest session, Digital Realty Trust Inc (DLR) has traded red over the past five days. The 5-day price performance for the stock is 14.79%, and 17.14% over 30 days. With these gigs, the year-to-date price performance is 41.06%. Short interest in Digital Realty Trust Inc (NYSE:DLR) saw shorts transact 8.02 million shares and set a 4.1 days time to cover.

The extremes give us $81 and $190 for target low and target high price respectively. As such, DLR has been trading -0.08% off suggested target high and 57.33% from its likely low.

Digital Realty Trust Inc (DLR) estimates and forecasts

Looking at statistics comparing Digital Realty Trust Inc share performance against respective industry, we note that the company has outperformed competitors. Digital Realty Trust Inc (DLR) shares are 32.91% up over the last 6 months, with its year-to-date growth rate higher than industry average at 0.91% against -3.30%. Revenue is forecast to grow 275.00% this quarter before falling -56.10% for the next one. The rating firms project that company’s revenue will grow 1.70% compared to the previous financial year.

Revenue forecast for the current quarter as set by 15 analysts is 1.45B. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 1.46B.Earnings reports from the last fiscal year show that sales brought in 1.37B and 1.36B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 6.10% before jumping 6.90% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 19.90% for the past 5-year period. While 2024 is set for a -49.19% return in earnings, projections for the next 5 years are at 3.64% annually.

DLR Dividends

Digital Realty Trust Inc has its next earnings report out on 2025-Feb-13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Digital Realty Trust Inc has a forward dividend ratio of 4.88, with the share yield ticking at 2.57% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 3.51%.

Digital Realty Trust Inc (NYSE:DLR)’s Major holders

Digital Realty Trust Inc insiders hold 0.13% of total outstanding shares, with institutional holders owning 101.12% of the shares at 101.25% float percentage. In total, 101.12% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 50.73 million shares (or 16.2443% of shares), all amounting to roughly $7.71 billion.

The next major institution holding the largest number of shares is BLACKROCK INC. with 34.28 million shares, or about 10.9755% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $5.21 billion.